MNA vs. REZ ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to iShares Residential Real Estate Capped ETF (REZ)
MNA

IQ Merger Arbitrage ETF

MNA Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.93

Average Daily Volume

62,649

Number of Holdings *

6

* may have additional holdings in another (foreign) market
REZ

iShares Residential Real Estate Capped ETF

REZ Description The investment seeks to track the investment results of an index composed of U.S. residential, healthcare and self-storage real estate equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential, healthcare and self-storage real estate sectors of the U.S. equity market. Components primarily include real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$86.18

Average Daily Volume

148,801

Number of Holdings *

39

* may have additional holdings in another (foreign) market
Performance
Period MNA REZ
30 Days 0.70% -1.16%
60 Days 2.68% 8.55%
90 Days 3.67% 12.34%
12 Months 6.07% 35.69%
0 Overlapping Holdings
Symbol Grade Weight in MNA Weight in REZ Overlap
MNA Overweight 6 Positions Relative to REZ
Symbol Grade Weight
COF A 7.41%
DFS A 6.86%
CTLT A 5.8%
JNPR C 5.07%
HCP A 4.34%
IP C 3.67%
MNA Underweight 39 Positions Relative to REZ
Symbol Grade Weight
WELL C -15.16%
PSA C -11.1%
EXR D -7.33%
AVB C -6.22%
EQR C -5.51%
VTR C -4.47%
ARE D -4.38%
INVH D -4.27%
ESS D -4.06%
MAA D -3.95%
SUI D -3.55%
DOC C -3.4%
UDR C -3.22%
AMH D -2.82%
ELS D -2.82%
CPT C -2.74%
CUBE C -2.56%
OHI C -2.16%
HR D -1.47%
IRT D -0.97%
CTRE C -0.95%
SBRA C -0.92%
MPW C -0.74%
NHI C -0.74%
NSA D -0.7%
AHR C -0.45%
LTC D -0.34%
ELME D -0.33%
SILA C -0.32%
VRE C -0.3%
UMH D -0.27%
AIV D -0.27%
CSR D -0.23%
NXRT D -0.21%
DHC C -0.19%
GMRE C -0.13%
UHT D -0.12%
CHCT F -0.1%
BRT D -0.04%
Compare ETFs